Latest News from JSN Finance.

August - Know your credit file?Something as harmless as making a late payment for a gas or phone bill can place a black mark on your credit report – hindering your ability to obtain a home loan. Here are some of the top reasons, which get listed on customers Credit file, which you may be unaware of:1. Adverse Listings - e.g. overdue accounts, Default judgments2. Timeframe for adverse listings – Listings stay on your credit file for 5 – 7 years.3. Enquiries – Too many credit applications leads to a ‘busy’ credit file and is detrimental to your ability to borrow.4. Age of Credit Report – A new Credit file depending on your age can spark a red light towards a ‘New Report’5. Address and Dates – Having too many addresses in a short period of time may be viewed as unstable and will hinder your application for finance.If you are searching for finance, please contact us to guide you safely through the maze!

Leave a Reply.

Nicole Johnson

Archives

Categories

JSN Finance Pty Ltd is located on the Sunshine Coast, providing Mortgage and Credit support Australia wide. With over 20 years of experience, JSN Finance offers Mortgage Broker advice for people who are seeking a new home loan, refinancing, first home buyers, investment loans, personal loans, debt consolidation and business loans.